PolyMart Weekly Raw Material & Currency Insights

Market indicators as of 1 June 2026 reflected mixed trends, with crude oil correcting from recent highs, natural gas staging a recovery, and USD INR remaining close to its yearly low. Crude oil closed at 94.98, gaining 1.67% weekly from 93.42 but declining -12.19% monthly from 108.17 recorded on 1 May 2026. Despite the correction, crude remained up 21.21% quarterly and 48.57% yearly versus 63.93 on 1 June 2025. Prices continued to trade 61.20% above the yearly low of 58.92 recorded on 16 December 2025, although they were -17.00% below the yearly high of 114.44 touched on 4 May 2026. USD INR settled at 94.99, rising marginally by 0.25% weekly, while remaining almost unchanged month-on-month at -0.09%. The currency pair was down -4.30% quarterly and -11.07% yearly compared with 85.52 on 1 June 2025. The rupee remained under pressure from elevated energy import costs and capital flow concerns, with USD INR trading -12.69% below its yearly high of 84.29 recorded on 5 May 2025 and just 1.90% away from its yearly low of 96.83 reached on 20 May 2026. Natural Gas climbed to 3.17, posting gains of 4.62% weekly, 14.03% monthly, and 10.45% quarterly, signaling a recovery from recent lows. However, natural gas remained -9.69% lower year-on-year compared with 3.51 on 1 June 2025. Prices traded 22.39% above the yearly low of 2.59 recorded on 14 April 2026, but were still -39.96% below the yearly high of 5.28 seen on 5 December 2025. Overall, energy markets remain volatile, with crude consolidating after a strong rally, natural gas showing renewed strength, and USD INR continuing to hover near historically weak levels.Disclaimer: PolyMart does not offer guarantees regarding the accuracy, reliability, or completeness of the information provided on its platform. Users are advised to independently verify any data before relying on it for decision-making purposes.